Russian news, notes and thoughts

Latest news /

16 January, 2025  // In 2024, according to Rosstat, consumer prices in Russia increased by 9.52%: butter - +36%, vegetables and fruits - +22%, frozen fish - +17%, milk/dairy - +16%, bread/bakery - +13%, sunflower oil - +12%, alcohol - +8%, gasoline - +11%, medicines - +10%, building materials - +8%, tobacco - +6%, electrical goods - +5%, services - +11.52%.

10 January, 2025  // In 2024, 1.57 million new passenger cars were sold in Russia (+48.4% compared to 2023), the best result in the last 5 years. In 2019, 1.59 million units were sold. Leaders: LADA (436.2 thousand), Haval (190.6), Chery (157), Geely (149.1), Changan (106.1). The combined sales of the nine largest Chinese brands amounted to about 50% (791,518).

1 January, 2025  // According to Moscow State University, 2024 was the warmest year in Moscow in the history of meteorological observations. September was especially warm: the average monthly temperature was +17.9 degrees Celsius, which is 5.7 degrees above the climatic norm. The previous record (+17) was set in 1847.

30 December, 2024  // In 2024, according to the Ministry of Agriculture, the rice harvest in Russia set a new record and amounted to more than 1.2 mil tons, +17% compared to 2023. About 70% comes from Krasnodar Krai. Rice is also grown in Dagestan, Rostov Oblast, the Chechen Republic, and Primorsky Krai. By 2030, it is planned to harvest up to 2 mil tons of rice.

7 December, 2024  // In 2025, Russia's budget revenues are expected to be 40.3T rubles (400B USD, 18.8% of GDP), expenditures - 41.47T (19.3%). 13.5T (6.31%) will be allocated for military spending. Spending on "National Security and Law Enforcement" and "National Defense" will be 41% of all federal budget spending, exceeding spending on education, healthcare, social policy and the national economy combined.

1 December, 2024  // In Oct 2024, according to Rosstat, unemployment in Russia was a record low - 2.3% (1.8 mil people aged 15+). In Oct 2023, it was 2.9%. Competition among civil and defense companies as well as the army led to an increase in wages (+20%) and increased inflation (+9%). The departure of labor migrants due to tightening immigration rules is also a factor.

2 November, 2024  // In 2024, the income of the Russian population from funds on bank deposits will amount to about 4 trillion rubles (about 41 billion USD), interest on savings accounts - 2 trillion rubles. The total amount of income will be more than twice as high as in 2023. The main reasons are rising incomes and a significant increase in interest rates (15-20+%).

12 October, 2024  // As of October 1, 2024, according to the Bank of Russia, Russia's external debt amounted to $293.4B, having decreased by $24.5B (7.7%) since the beginning of 2024. It fell below $300B for the first time since 2006. The highest figure was in July 2014 - more than $732B. As of October 4, 2024, Russia's international reserves amounted to $629.9B.

4 October, 2024  // In Q1-Q3 2024, 1,154,778 new passenger cars were sold in Russia, 61% more than in Q1-Q3 2023 (717,615). Leaders: LADA (316k - 27.41%), Haval (136k - 11.81%), Chery (118k - 10.25%), Geely (112k - 9.77%), Changan (83k - 7.19%), OMODA (39k - 3.43%). In 2021, for comparison, 1.67 million were sold: LADA (351k), KIA (206k), Hyundai (167k), Renault (136k), Toyota (98k), Skoda (90k), VW (86k), Nissan (51k), BMW (47k), Mercedes-Benz (43k).

19 September, 2024  // As of September 1, 2024, according to the Ministry of Internal Affairs, the number of foreign citizens staying in Russia, information about whom was received by the state system of migration registration, was 6,174,777 people, about 4.2% of the population of Russia (146.2 million people in 2023). The number of illegal migrants in Russia is estimated at about 3-4 million.

Archive

Copyright © 2007 – 2025 russiatrek.org. All rights reserved. Copyright/IP Policy.